Railways incurred a revenue loss of Rs 38,017 crore on account of passenger fares in the current financial year due to the Kovid-19 epidemic, but some losses were made up by running special labor trains under goodwill. On the other hand, by adopting freight methods, the revenue of this item of Railways has increased over the previous year. Railways have not yet started operating regular passenger trains but now its focus is on maintaining the revenue coming from freight.
The railways was able to increase the freight earnings by Rs 22 billion to Rs 1,868 crore (about two per cent) over the previous financial year. Even though this is a two percent increase, it has helped a lot to overcome the problem of lockdown implemented due to corona virus .
As far as the railway passenger income is concerned, it was Rs 53,525.57 crore in the last financial year (20019-20), which came down to 15,507.68 crore in the current financial year (2020-21). This is 71.03 percent less than the previous year. According to the data, from April 2020 to February 2021, passenger fares received 12,409.49 crore revenue as against Rs 48,809.40 crore in the same period last year.
Despite the passenger movement, the railways began to take migrant laborers to their homes. Between May 1 and August 30, the Railways operated 4000 labor special trains and transported about 63.15 lakh workers from 23 states to their destinations.